PM hailed for backing crucial property sector

Manama, May 9, 2013

The vital role played by His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa in supporting and energising the real estate industry has been lauded by the Bahrain Property Developers Association (BaPDA).

"The real estate industry in Bahrain is extremely fortunate in having the continued support of HRH the Premier," said BaPDA chairman Aaref Hejres.

"This Gulf Property Show is the culmination of a number of significant initiatives and steps taken by the government to revitalise the economy, and what we see here is the wonderful outcome of the efforts.

"The real estate sector is a significant indicator of economic growth and development and we are grateful for the encouragement and backing received from the Premier to ensure its sustained growth.

"His support has been the backbone of our success.

"We thank him for his presence, which has sent such strong signals to all, and served as an inspiration and motivation for greater progress," Hejres added.

"Conferences and seminars facilitate the exchange of information, increasing efficiency through shared experiences and expertise between members of the real estate industry in the region.

"The Gulf Property Show is in keeping with BaPDA's vision to positively influence the industry and the national economy," he said. "It is an effective showcase and platform for the real estate and property development sector.

The show highlights present and future developments in the kingdom and the Northern Gulf. It also provides a unique opportunity to promote Bahrain's property assets as well as regional and international opportunities for investors, he added.

"The show is an ideal platform to boost awareness of the region's residential and commercial real estate developments, while highlighting the lucrative investment opportunities available in the kingdom and the region." The exhibition ends today.-TradeArabia News Service